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Saudi Prince Invests $300M In Twitter
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Old 20th December 2011, 06:24   #1
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Default Saudi Prince Invests $300M In Twitter

If I had $300 million to invest, I'm not too sure it would be Twitter. Saudi billionaire Prince Alwaleed bin Talal and his investment company said Monday they are investing a combined $300 million into Twitter, giving the microblogging site a cash boost as it looks to entice more users and paying advertisers. The joint investment follows months of negotiations and represents a "strategic stake" in Twitter. t wasn't clear how much of Twitter the prince will control.

http://www.hardocp.com/news/2011/12/...0m_in_twitter/
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